Tether chief executive Paolo Ardoino recently took to social media platform X to highlight the statement on USDT given by Ripple CEO Brad Garlinghouse in an interview, calling him an...
Paolo Ardoino, the CEO of prominent stablecoin issuer Tether (USDt), has fired back at the critical remarks of Ripple CEO Brad Garlinghouse. For context, Garlinghouse recently asserted that the U.S....
In a recent study, Deutsche Bank Research analysts concluded that most stablecoins failed, with only 14% surviving. Raising concerns regarding the future of stablecoins, the researchers posited, “Some may survive,...
A new study by Visa and Allium Labs shares the idea of stablecoins becoming widely used for everyday transactions. The study reveals that a staggering majority (over 90%) of stablecoin...
Ethereum, the world’s leading smart contract blockchain network, witnessed a surge in stablecoin volume in April, reaching unprecedented levels, according to recent data. This surge, however, also includes flash loan...
According to Cuy Sheffield, Head of Crypto at Visa, his company has created an Onchain Analytics Dashboard that aims to provide accurate information about the growth of stablecoins. Sheffield made...
Tether, the world’s leading stablecoin issuer, has reported a record-breaking return for Q1 2024. In a recently published Q1 2024 attestation report, the firm noted that its net profit hit...
According to data from on-chain analytics provider Visa Inc., Circle’s USDC transaction volume has surpassed Tether’s USDT since the beginning of 2024. The latest figures reveal that Circle’s USDC has...
The South African crypto landscape is preparing for profound changes, as the upcoming election is not expected to affect the nation’s positive perception of digital assets. Despite political shifts on...
In a recent revelation, the BRICS consortium, comprising major powers including Brazil, Russia, India, China, and South Africa, has announced its plans to launch a stablecoin for international settlements. The...
Stripe CEO Patrick Collison announced that the company will begin supporting global stablecoin payments this summer. Transactions will instantly settle on-chain and automatically convert to fiat currency. The CEO has...
Democratic Representative Maxine Waters has pointed out the major breakthroughs in stablecoin regulation and cannabis banking bills, pinpointing the potential for future improvements in these critical fields. In an interview...
Junior United States senators from New York and Wyoming, Kirsten Gillibrand and Cynthia Lummis have introduced a new stablecoin bill in the country to bring clarity in the digital asset...
Arthur Hayes, the founder of the BitMEX exchange, recently presented a risk radar chart for Ethena Labs’ USDe stablecoin with on-chain provided by intelligence platform IntoTheBlock. In a recent post...
Cantor Fitzgerald LP’s CEO is bullish on asset tokenization and stablecoins. Howard Lutnick believes that stablecoins can benefit the US economy. Lutnick also voiced concerns about central bank digital currencies...
The stablecoin market has seen a $4.21 inflow within the last ten days. Tether USDT accounted for a $2.4 billion inflow, mainly via the Tron blockchain. Ethena Labs’ USDe climbed...
David Han, a research analyst at Coinbase, has highlighted Ethena’s newly launched USDe stablecoin as a formidable rival to MakerDAO’s DAI stablecoin. In Coinbase’s latest market trends report, research analyst...
Ki Young Ju, the CEO of data analytics platform CryptoQuant, raised concern about Ethena Labs’ decision to back its recently launched USDe stablecoin with Bitcoin. In an announcement on Thursday,...
ZA Bank in Hong Kong is currently in discussions with potential stablecoin issuers regarding establishing accounts for the cash reserves supporting these tokens. Details of this development were captured by...
Fantom is set to roll out its new stablecoin, USDC.e, in collaboration with Circle and Wormhole. Billed to debut on April 5, this move marks a positive for the Fantom...
Famous Attorney and key figure in the digital asset world, Bill Morgan, has publicly questioned Ripple CEO Brad Garlinghouse’s announcement regarding the company’s forthcoming stablecoin launch. Yesterday, Ripple had announced...
Crypto analysis platform Santiment revealed a surge in stablecoin holdings by large investors. Their data shows that wallets containing at least $5 million in cryptocurrency have collectively added 5.09% of...
The USD-pegged stablecoin issuer Circle has recently announced the discontinuation of support for its USDC token on the Tron blockchain as part of a risk management program. According to Circle’s...
While the recovery process in the Bitcoin market continues, a post shared by former NFL player Russell Okung sparked debates in the cryptocurrency market. Speaking about allegations related to Tether,...
In a recent research report, American financial giant JPMorgan warned about Tether (USDT), the leading stablecoin in the crypto market. The report highlighted vulnerabilities stemming from Tether’s reliance on the...